The other 2k is just "bonus reserve contribution" each month, and it can occasionally be safely utilized as desired (for that trip to Mexico), because I've already budgeted my cap ex reserve contribution into the expenses for the property.

I occasionally take renters out on the Lake on the weekends just for gas money. 

Over my past 25 retail sales, I've averaged nearly $25K in profit, so being conservative is working.I've hit $40K+ profit on two projects ($145K and $165K resales), I've hit $30-40K profit on 6 projects (resales from $95-175K), and have only come in less than $15K on two projects (my very first flip was one of them).So, I really like the methodology of shooting for "singles" but being conservative enough that they often turn into doubles and triples (and maybe an occasional home-run, depending on how you define it).

I flip occasionally, and I always do it under my name.

Talking to a PM a couple of times a month, drive by occasionally, but take yourself out of the nuts-and-bolts.

I touch base with him occasionally, his business is growing. 

The additional $14 goes towards the toiletries, paper goods, dish and laundry detergent, starter packs of coffee, etc.

I occasionally look at contingent comps if I can't find anything comparable and have exhausted all possible avenues for sold comps.

We also occasionally utilized Ozone machines if the smell was really bad. 

It's pretty challenging to find anything that meets the 1% rule here, but there are deal that occasionally pop up.